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Delin Holdings (01709) plans to subscribe for 19.0476 million YTME shares

Zhitongcaijing·12/07/2025 11:25:01
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Zhitong Finance App News, Delin Holdings (01709) issued an announcement. On December 5, 2025 (after the trading period), the company signed a subscription agreement with YTME. According to this, (i) the company conditionally agreed to subscribe, and YTME conditionally agreed to allocate and issue a total of 19.0476 million shares of YTME subscription shares at the YTME subscription price (equivalent to about HK$4.10), with a total cost of 10 million US dollars. Then, according to the price of the stock at consideration payment by YTME by allocating and issuing and/or transferring consideration shares from inventory; and

(ii) YTME must grant a subscription option to the company, and the company will be entitled to purchase up to 3.8095 million shares of YTME during the share option period at the share option price of CHF 0.42 (equivalent to approximately HK$4.10 per subscription share) or a total of approximately US$2 million. Upon completion, YTME will hold approximately 0.885% of the company's issued share capital (excluding treasury shares) after allotted and issued and/or expanded from inventory transfer.

Assuming that there is no change in the total number of issued shares between the date of this announcement and the date of completion (other than shares issued and/or transferred from inventory), 17.9016 million consideration shares account for approximately 0.893% of the company's issued share capital at the date of this announcement (excluding treasury shares), and account for approximately 0.885% of the issued share capital (excluding treasury shares) after the completion of the company's allocated and issued and/or expanded consideration shares from inventory transfer. The total face value of the consideration shares will be HK$179,000.